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IMF’s DeFi Governance Recommendations Include These Two Steps
19.4.2022
The International Monetary Fund (IMF) has proposed a series of measures aimed at regulating the decentralized finance (DeFi) sector.
The body spelled out its preliminary recommendations in the latest chapter of its Global Financial Stability report, which is entitled “The Rapid Growth...
UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules
19.4.2022
A new regulatory package for crypto could clear up some gray areas for digital asset companies around which regulations they should comply with
Terra’s LUNA Surges 17% as UST Becomes Third Largest Stablecoin
19.4.2022
Terra has also purchased record amounts of Convex tokens in the past month, a research found
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
18.4.2022
The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin...
$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking
18.4.2022
Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg...
Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M
18.4.2022
Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m.
According to blockchain security firm PeckShield, the attacker...
Terra's UST flips BUSD to become third-largest stablecoin
18.4.2022
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar
Attacker Drains $182M From Beanstalk Stablecoin Protocol
17.4.2022
The flash-loan attack becomes the second nine-figure DeFi exploit in a month
Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions
16.4.2022
Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin...
Plan to Become a ‘Cryptoassets hub’ May Just Be the UK Government Hedging Its Bets
15.4.2022
Matthew Shillito, Lecturer in Law at the University of Liverpool. ______
In a busy start to April 2022 for the British chancellor, Rishi Sunak announced his intention to make the UK a “global hub for cryptoassets technology”. Put simply, this means he wants the country to be an attractive...
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC
15.4.2022
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization...
Tether is gaining momentum against competing stablecoins, says Tether CTO
15.4.2022
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market
Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch
13.4.2022
COTI turns bullish after increased integration with the Cardano ecosystem and the upcoming launch of MultiDAG 2.0 and the Djed stablecoin reflect strengthening fundamentals
Stablecoins See Growth With Crypto Market Stuck in ‘Bearish Lull’
13.4.2022
A “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko.
The growth in the market capitalization of stablecoins is notable...
Multi-chain, stocks and stablecoin-focused DeFi protocols are showing signs of strength
13.4.2022
Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market
Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch
13.4.2022
Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation
Crypto portfolios: How much of a stablecoin allocation is too much?
13.4.2022
Stablecoins allow investors to stay on the sidelines and earn passively on their holdings, but not all stablecoins are created equal
Luna Foundation Guard Buys Additional USD 100M in Bitcoin, Now Holds BTC 42.4K
13.4.2022
The Luna Foundation Guard (LFG), a nonprofit organization established in the Republic of Singapore dedicated to creating a reserve protocol for the algorithmic stablecoin UST, has purchased an additional USD 100m worth of bitcoin (BTC), increasing its total holdings to just over BTC 42,400 (USD...
What are the worst crypto mistakes to avoid in 2022? | Find out now on The Market Report
12.4.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss 9 of the worst mistakes you can make in crypto
Financial Giant BlackRock Becomes 'Strategic Investor' in USDC Issuer Circle
12.4.2022
The global fintech firm Circle has entered into an agreement for a new USD 400m funding round with participation from several major players from traditional finance, while making asset management giant BlackRock, Inc. a “strategic investor” in the company.
The funding round, announced by Circle...